Data / Bank failures / 1940 / Blairsville Savings and Trust Company
Blairsville Savings and Trust Company, Blairsville, PA: failed April 4, 1940
Blairsville Savings and Trust Company in Blairsville, Pennsylvania, failed on April 4, 1940. It held $1.8 million in assets and $1.4 million in deposits at its last report. By assets it was the 2nd largest of 43 banks closed or assisted in 1940.
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The FDIC's record
- Closed
- April 4, 1940
- Type
- Failure
- How it was resolved
- Payout: the FDIC paid insured depositors directly
- Total assets
- $1,821,000
- Total deposits
- $1,390,000
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- FDIC
Other bank failures in Pennsylvania, 1938 to 1942
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Guarantee TR & Safe Dep. Co.-Mt.carmel | MT. Carmel | November 28, 1942 | $1.1 million | |||
| The Farmers National Bank of Selinsgrove | Selinsgrove | October 17, 1942 | $719,000 | |||
| Merchants Banking Trust Company | Mahanoy | September 12, 1942 | $859,000 | |||
| Citizens Nat BK & TR Co. of Lehighton | Lehighton | August 1, 1942 | $1.1 million | |||
| The First National Bank of Lehighton | Lehighton | August 1, 1942 | $1.8 million | |||
| The First Nat BK & TR Co. of Dallastown | Dallastown | June 20, 1942 | $1.4 million | |||
| The Emmaus National Bank | Emmaus | April 25, 1942 | $1.4 million | |||
| The First National Bank of Weatherly | Weatherly | March 14, 1942 | $521,000 |
All bank failures in 1940 · All bank failures in Pennsylvania · The full failed bank list
Read from the FDIC's failures data (BankFind), last updated 2026-10-23. Assets and deposits are as of the last report before failure; the estimated cost is the FDIC's latest estimate of the loss to its insurance fund and changes as the receivership winds down. Free to reuse with credit to SpecStream under CC BY 4.0.